775 Old Wire Rd Springdale, AR 72764
- Warehouses
- 10,600 SF
- 1.38 lot acres
Current Use by Public Records
- Warehouses
Property Details for 775 Old Wire Rd
- Year built
- 1999
- Lot size
- 1.38 lot acres
- Property size
- 10,600 SF
- Zone code
- I-1
- Property type
- Warehouses
- APN
- 815-27899-000
- APU
- 81527899000
Description
This exceptional 10,600 square foot commercial land parcel, located at 775 Old Wire Road in Springdale, Arkansas, presents a fantastic investment opportunity. The property features a single-tenant warehouse building, ideal for a variety of commercial uses. The warehouse boasts five overhead doors, ensuring efficient loading and unloading of goods. Internal structural support is provided by overhead I-beams running the entire length of the building, offering robust capacity for heavy equipment or storage needs. The building is currently move-in ready, eliminating the need for extensive renovations or upgrades before occupancy. Situated in Washington County, Arkansas, with a zip code of 72764, this property benefits from convenient access to major transportation routes and a thriving local economy. The single-tenant occupancy simplifies management and provides a stable income stream for investors. The property's size and features make it suitable for a wide range of businesses, from distribution centers to light manufacturing operations. This is a rare opportunity to acquire a well-maintained, ready-to-occupy commercial warehouse in a desirable location. The property is zoned for commercial use and is available for immediate possession. Contact us today to schedule a viewing and explore the potential of this prime commercial real estate asset.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $300,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $405,000
- 6.5%
- $460,000
- 7%
- $430,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $430,000
- Geo Method
- $390,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $430,000
- Retail
- $350,000
- Mixed-Use
- $350,000
- Hospitality
- $355,000
- Educational
- $450,000
- Residential Income
- $430,000
- Energy
- $330,000
- Income-Based Land
- $400,000
- Food Service
- $365,000
Location Insight
- Map
- Local Demand
- City
- Springdale
- County
- Washington
- State
- Arkansas
- Longitude
- -94.1207
- Latitude
- 36.1996
- CBSA code
- 22220
- CBSA name
- FAYETTEVILLE-SPRINGDALE-ROGERS, AR-MO METROPOLITAN STATISTICAL AREA